NFL Will Allow Private Equity Stakes; These Funds Are Likely to Invest
The National Football League has vetted a short list of firms who will be allowed to purchase stakes in its teams.
Asset Allocation
Active Investing Will Boost Endowment Growth Over Other Institutional Investors, Cerulli Forecasts
A new report projects endowment assets will grow 7.9% over the next five years, compared with 4.7% and 4.2%, respectively, for public and corporate defined benefit plans.
Macalester College Endowment to Outsource Investment Management
The school is shuttering its internal investment office and transferring its duties to management firm Investure.
NBIM Commits 900M Euros to Renewable Energy Fund
Copenhagen Infrastructure Partners CI V will invest in wind, solar energy, energy distribution and storage.
CDPQ, Canada Growth Fund Invest in MKB Energy Transition Fund
The funds, alongside BDC Capital and IQ, will allocate C$145 million to the MKB Partners Fund III.
Equities Fuel Kentucky Teachers’ Pension’s 12.3% Fiscal 2024 Gains
The TRS’ annuity trust’s asset value grew to nearly $26 billion despite missing its benchmark by more than 150 basis points.
Norway’s Pension Fund Global Returns 2.1% in Q2; Asset Value Rises to $1.69T
Equities were responsible for the sovereign wealth fund’s 8.6% first half gains.
CPPIB Ekes Out 1% Gain in Q1, Promotes Caitlin Gubbels to Head of Private Equity
Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.
New York State Pension Boosts Private Equity Investments
More than half of the $1.3 billion in June commitments were made within the NYSCRF’s PE portfolio.
UK’s Nest Hires J.P. Morgan’s Campbell Global for Timberland Fund
The fund will seek timberland investments that promote sustainable forestry practices.
NASCAR Considering Ban on Investment Stakes From Sovereign Wealth Funds
New charter agreements could also include rulings on private equity stakes, per reports.
Stocks Tend to Zigzag Around Olympics, Says Ned Davis
They usually drop before the summer games, then recover, the research firm found.
Troubles Ahead? Allocators Say They Are Ready
In a Mercer survey, asset owners say they feel ‘resilient’ about market risk and inflation.
Ireland’s Department of Finance Begins Setting Up 2 Sovereign Wealth Funds
The Future Ireland Fund and the Infrastructure, Climate and Nature Fund are expected to grow to 100 billion euros and 14 billion euros, respectively.
Investors Start to Welcome Non-Animal Protein
Plant-based sources move onto the table to supplant beef and its ilk.